Caledonia Mining Corporation Plc Notification of relevant change to significant shareholder

(NYSE MKT:CMCL),(LSE – AIM:CMCL),(LSE:CMCL.L),(LSE:CMCL.LN),

ST HELIER, Jersey, Aug. 27, 2025 (GLOBE NEWSWIRE) — Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it has been advised by Allan Gray Bermuda Limited (“AGBL”), in its capacity as an investment manager, that its clients' aggregate shareholding now constitutes a total interest of 3.9649% of the total issued shares in the Company.

Further information was provided on behalf of AGBL as follows:

Issuer name – CALEDONIA MINING CORPORATION PLC

ISIN – JE00BF0XVB15

Significant shareholder – Allan Gray Bermuda Limited

City of registered office – Cape Town

Country of registered office – South Africa

Date on which threshold was crossed – 25 August 2025

Date on which Issuer notified – 26 August 2025

% of direct voting rights – 3.9649%

Date of completion – 26 August 2025

Place of completion – Cape Town

Enquiries:

Caledonia Mining Corporation Plc
Mark Learmonth
Camilla Horsfall

Tel: +44 1534 679 800
Tel: +44 7817 841 793

Cavendish Capital Markets Limited (Nomad and Joint Broker)
Adrian Hadden
George Lawson

Tel: +44 207 397 1965
Tel: +44 131 220 9775

Panmure Liberum (Joint Broker)
Scott Mathieson

Tel: +44 20 3100 2000

Camarco, Financial PR (UK)
Gordon Poole
Elfie Kent

Tel: +44 20 3757 4980

3PPB (Financial PR, North America)
Patrick Chidley
Paul Durham

Tel: +1 917 991 7701
Tel: +1 203 940 2538

Curate Public Relations (Zimbabwe)
Debra Tatenda

Tel: +263 77802131

IH Securities (Private) Limited (VFEX Sponsor – Zimbabwe)
Lloyd Mlotshwa

Tel: +263 (242) 745 119/33/39


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